iOS app Android app

Eurozone Bailout

Cyprus Bailout: A Really Bad Deal

Elena Panaritis | Posted 05.17.2013 | World
Elena Panaritis

The big euro news this weekend is playing out in Cyprus where the newly-elected government agreed to a 10 billion euro bailout. One of the conditions of the bailout is a controversial one-off tax of 9.9% on all bank deposits of more than 100,000 Euros. This news was met with disbelief.

Eurozone To Launch Bailout Fund, With Hopes Spain Will Beg For Aid

Reuters | Posted 12.07.2012 | Business

By Jan Strupczewski BRUSSELS, Oct 8 (Reuters) - Euro zone finance ministers will launch their 500 billion euro ($653.00 billion) perma...

Here Comes The Spanish Firesale

Reuters | Posted 08.26.2012 | Business

* Equity stakes at risk of sale worth 22 billion euros -UBS * As much as 9 pct of blue-chip index market cap at stake * ...

Europe's Recapitalization Support for Spain Should Be Sufficient

Georges Ugeux | Posted 08.10.2012 | Business
Georges Ugeux

The recent decision of the Spanish government to ask for a $125 billion recapitalization program was not an easy one. However, the Spanish package is substantially different from its predecessors.